Trinity Industries annual net debt
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Trinity Industries Net Debt Growth & History (TRN)
Trinity Industries's net debt was $5.35B for fiscal 2025.
View full Trinity Industries company overviewTrinity Industries annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.35B | −$228.2M | −4.09% |
| 2024 | 2024-12-31 | $5.58B | −$190.6M | −3.31% |
| 2023 | 2023-12-31 | $5.77B | $5.11B | +774.67% |
| 2022 | 2022-12-31 | $659.3M | $321.6M | +95.23% |
| 2021 | 2021-12-31 | $337.7M | −$75.4M | −18.25% |
| 2020 | 2020-12-31 | $413.1M | $11.7M | +2.91% |
| 2019 | 2019-12-31 | $401.4M | $183.2M | +83.96% |
| 2018 | 2018-12-31 | $218.2M | $130.5M | +148.80% |
| 2017 | 2017-12-31 | $87.7M | −$21.3M | −19.54% |
| 2016 | 2016-12-31 | $109.0M | $254.1M | — |
| 2015 | 2015-12-31 | −$145.1M | −$80.8M | — |
| 2014 | 2014-12-31 | −$64.3M | −$2.63B | — |
| 2013 | 2013-12-31 | $2.56B | $79.3M | +3.20% |
| 2012 | 2012-12-31 | $2.48B | −$139.1M | −5.31% |
| 2011 | 2011-12-31 | $2.62B | $67.4M | +2.64% |
| 2010 | 2010-12-31 | $2.55B | $1.32B | +107.06% |
| 2009 | 2009-12-31 | $1.23B | — | — |
Trinity Industries quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.07B | −$638.3M | −11.18% |
| Q1 2026 | 2026-03-31 | $5.25B | −$271.6M | −4.92% |
| Q4 2025 | 2025-12-31 | $5.35B | −$228.2M | −4.09% |
| Q3 2025 | 2025-09-30 | $5.88B | $287.5M | +5.14% |
| Q2 2025 | 2025-06-30 | $5.71B | $123.8M | +2.22% |
| Q1 2025 | 2025-03-31 | $5.52B | −$344.9M | −5.88% |
| Q4 2024 | 2024-12-31 | $5.58B | −$190.6M | −3.31% |
| Q3 2024 | 2024-09-30 | $5.59B | −$188.0M | −3.25% |
| Q2 2024 | 2024-06-30 | $5.59B | −$266.4M | −4.55% |
| Q1 2024 | 2024-03-31 | $5.87B | $129.0M | +2.25% |
| Q4 2023 | 2023-12-31 | $5.77B | $5.11B | +774.67% |
| Q3 2023 | 2023-09-30 | $5.78B | $5.27B | +1027.18% |
| Q2 2023 | 2023-06-30 | $5.85B | $5.27B | +904.07% |
| Q1 2023 | 2023-03-31 | $5.74B | $5.32B | +1272.86% |
| Q4 2022 | 2022-12-31 | $659.3M | $321.6M | +95.23% |
| Q3 2022 | 2022-09-30 | $512.6M | $219.7M | +75.01% |
| Q2 2022 | 2022-06-30 | $582.8M | $109.5M | +23.14% |
| Q1 2022 | 2022-03-31 | $417.9M | $87.6M | +26.52% |
| Q4 2021 | 2021-12-31 | $337.7M | −$75.4M | −18.25% |
| Q3 2021 | 2021-09-30 | $292.9M | −$199.3M | −40.49% |
| Q2 2021 | 2021-06-30 | $473.3M | $13.1M | +2.85% |
| Q1 2021 | 2021-03-31 | $330.3M | −$27.8M | −7.76% |
| Q4 2020 | 2020-12-31 | $413.1M | $11.7M | +2.91% |
| Q3 2020 | 2020-09-30 | $492.2M | $71.1M | +16.88% |
| Q2 2020 | 2020-06-30 | $460.2M | $118.2M | +34.56% |
| Q1 2020 | 2020-03-31 | $358.1M | −$260.3M | −42.09% |
| Q4 2019 | 2019-12-31 | $401.4M | $183.2M | +83.96% |
| Q3 2019 | 2019-09-30 | $421.1M | $424.3M | — |
| Q2 2019 | 2019-06-30 | $342.0M | $530.3M | — |
| Q1 2019 | 2019-03-31 | $618.4M | $372.8M | +151.79% |
| Q4 2018 | 2018-12-31 | $218.2M | $130.5M | +148.80% |
| Q3 2018 | 2018-09-30 | −$3.2M | $8.6M | — |
| Q2 2018 | 2018-06-30 | −$188.3M | −$238.6M | — |
| Q1 2018 | 2018-03-31 | $245.6M | −$22.2M | −8.29% |
| Q4 2017 | 2017-12-31 | $87.7M | −$21.3M | −19.54% |
| Q3 2017 | 2017-09-30 | −$11.8M | −$301.4M | — |
| Q2 2017 | 2017-06-30 | $50.3M | −$179.6M | −78.12% |
| Q1 2017 | 2017-03-31 | $267.8M | $63.1M | +30.83% |
| Q4 2016 | 2016-12-31 | $109.0M | $254.1M | — |
| Q3 2016 | 2016-09-30 | $289.6M | $237.3M | +453.73% |
| Q2 2016 | 2016-06-30 | $229.9M | −$2.53B | −91.66% |
| Q1 2016 | 2016-03-31 | $204.7M | −$2.69B | −92.93% |
| Q4 2015 | 2015-12-31 | −$145.1M | −$80.8M | — |
| Q3 2015 | 2015-09-30 | $52.3M | −$2.88B | −98.22% |
| Q2 2015 | 2015-06-30 | $2.76B | $229.3M | +9.07% |
| Q1 2015 | 2015-03-31 | $2.90B | $487.2M | +20.23% |
| Q4 2014 | 2014-12-31 | −$64.3M | −$2.63B | — |
| Q3 2014 | 2014-09-30 | $2.93B | $313.4M | +11.97% |
| Q2 2014 | 2014-06-30 | $2.53B | $31.0M | +1.24% |
| Q1 2014 | 2014-03-31 | $2.41B | −$206.3M | −7.89% |
| Q4 2013 | 2013-12-31 | $2.56B | $79.3M | +3.20% |
| Q3 2013 | 2013-09-30 | $2.62B | −$47.4M | −1.78% |
| Q2 2013 | 2013-06-30 | $2.50B | −$120.2M | −4.59% |
| Q1 2013 | 2013-03-31 | $2.61B | −$8.4M | −0.32% |
| Q4 2012 | 2012-12-31 | $2.48B | −$139.1M | −5.31% |
| Q3 2012 | 2012-09-30 | $2.67B | −$33.2M | −1.23% |
| Q2 2012 | 2012-06-30 | $2.62B | −$13.1M | −0.50% |
| Q1 2012 | 2012-03-31 | $2.62B | $15.4M | +0.59% |
| Q4 2011 | 2011-12-31 | $2.62B | $67.4M | +2.64% |
| Q3 2011 | 2011-09-30 | $2.70B | $28.7M | +1.07% |
| Q2 2011 | 2011-06-30 | $2.63B | −$12.2M | −0.46% |
| Q1 2011 | 2011-03-31 | $2.61B | — | — |
| Q4 2010 | 2010-12-31 | $2.55B | $1.32B | +107.06% |
| Q3 2010 | 2010-09-30 | $2.67B | — | — |
| Q2 2010 | 2010-06-30 | $2.64B | — | — |
| Q4 2009 | 2009-12-31 | $1.23B | — | — |
Trinity Industries net debt trends
Over the last five fiscal years, Trinity Industries's net debt increased from $413.1M to $5.35B, a change of $4.93B. The latest reported quarter, Q2 2026, shows $5.07B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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